The Australian Agricultural SectorThe agricultural sector in Australia is booming at present with Australia concluding a Free Trade Agreement with China in the year 2014 which has invariably paved the way for vast business and trade opportunities for Australian agricultural products in the Asia-Pacific markets. Agricultural experts have indicated that the agricultural sector has the potential to be highly competitive but lack of a strong …

Importance of Problem-Based Learning in Primary SchoolsProblem based learning approach or the PBL involves the pupils who are basically challenged for solving some genuine problems from their own discipline. It is a pedagogical tool in which the students get engaged in a problem without having any introductory knowledge about the same and they work for solving the problem by making use of their existing knowledge as well as by applying them to…

Environmental Factors Affecting OtisThe Otis elevator is American organisations that are responsible for developing and manufacturing the elevators, escalators and movable walkways. It has headquarters in Farmington, Connecticut and United States. It was founded in year 1853.It is one of the largest manufacturer companies for deploying transportation system equipment’s. It offers its product and services in more than 200 countries and ma…

Questions:
Major objectives of budget include providing a roadmap for the organization and its employees, managing resources of the organization effectively, making optimum utilization of resources, achieve organizational objectives etc.
Cash budget helps in handling cash resources of an organization. Revenue budget is prepared with the objective of maximizing revenue and expenditures budget helps in minimizing the amount of expenditures.
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Lessons gained:Australia is a vast country with an extensive and well-developed infrastructure. Many regions of the country are accessible. Road freight is the mode predominantly used especially for non-bulky items in Australia. Water freight is majorly for exports as well as coastal shipping along the many ports found along the Australian coastline. The integrated airports within Australia and the rest of the world ensure that air freight is …